TMI BlogNomination and Remuneration Committee and Stakeholders Relationship CommitteeX X X X Extracts X X X X X X X X Extracts X X X X ..... cribed shall constitute the Nomination and Remuneration Committee consisting of three or more non-executive directors out of which not less than one half shall be independent directors: Provided that the chairperson of the company (whether executive or non-executive) may be appointed as a member of the Nomination and Remuneration Committee but shall not chair such Committee. (2) The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personnel and other employees. (4) The Nomination and Remuneration Committee shall, while formulating the policy under sub-section (3) ensure that- (a) the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate directors of the quality required to run the company successfully; (b) relationship of remuneration to performance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olders Relationship Committee consisting of a chairperson who shall be a non-executive director and such other members as may be decided by the Board. (6) The Stakeholders Relationship Committee shall consider and resolve the grievances of security holders of the company. (7) The chairperson of each of the committees constituted under this section or; in his absence, any other member ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unctional heads. ******************** Notes:- 1. Substituted vide The Companies (Amendment) Act, 2017 Dated 03-01-2018 w.e.f. 07 th May, 2018, before it was read as, every listed company 2. Substituted vide The Companies (Amendment) Act, 2017 Dated 03-01-2018 w.e.f. 07 th May, 2018, before it was read as, shall carry out evaluation of every director's ..... X X X X Extracts X X X X X X X X Extracts X X X X
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